Pershing Gold (TSE:PGLC) Stock Price Down 11.6%

Pershing Gold Co. (TSE:PGLCGet Free Report)’s share price fell 11.6% on Monday . The stock traded as low as C$1.64 and last traded at C$1.68. 6,500 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 7,601 shares. The stock had previously closed at C$1.90.

Pershing Gold Trading Down 11.6 %

The firm has a market capitalization of C$56.59 million and a P/E ratio of -3.19. The stock has a fifty day moving average price of C$1.68. The company has a debt-to-equity ratio of 6.90, a quick ratio of 0.35 and a current ratio of 0.57.

Pershing Gold Company Profile

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As of April 3, 2019, Pershing Gold Corporation was acquired by Americas Silver Corporation. Pershing Gold Corporation explores for, develops, and mines gold and precious metals in Nevada. It focuses on the exploration of the Relief Canyon properties covering an area of approximately 29,000 acres located in Pershing County in northwestern Nevada.

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